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Cash

£2.1m

-39.9% lowest in 3 filed years

Net assets

-£14m

-139.1% lowest in 3 filed years

Employees

Average over period

Profit before tax

£3m

+154.5% first positive since 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £20,040,814£23,834,013£23,267,361 -2.4%
Operating profit £14,599,901£4,882,810£12,776,401 +161.7%
Profit before tax £7,056,703-£5,491,964£2,994,847 +154.5%
Net profit £5,663,080-£7,267,070£1,625,384 +122.4%
Cash £9,128,272£3,429,145£2,060,518 -39.9%
Total assets less current liabilities £6,631,924£3,944,809-£1,830,170 -146.4%
Net assets £1,046,603-£5,794,331-£13,856,342 -139.1%
Equity £1,046,603-£5,794,331-£13,856,342 -139.1%
Average employees
Wages
Directors' remuneration

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 72.9%20.5%54.9%
Net margin 28.3%-30.5%7.0%
Return on capital employed 220.1%123.8%
Gearing (liabilities / total assets) 99.3%104.3%
Current ratio 0.10x0.06x0.04x
Interest cover 1.94x0.47x1.30x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 1 time since incorporation

  1. LYCEUM SIMBA LIMITED 2024-02-05 → present
  2. LIGHTSOURCE SIMBA LIMITED 2015-08-04 → 2024-02-05

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At the date of signing these financial statements, the Directors believe that the Company and Group have adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the approval of the financial statements. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

  1. LYCEUM SIMBA LIMITED · parent
    1. Lyceum SPV 10 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    2. Lyceum SPV 20 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    3. Lyceum SPV 39 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    4. Lyceum SPV 40 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    5. Lyceum SPV 42 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    6. Lyceum SPV 44 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    7. Lyceum SPV 54 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    8. Lyceum SPV 74 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    9. Lyceum SPV 105 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    10. Lyceum SPV 109 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    11. Lyceum SPV 115 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    12. Lyceum SPV 123 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    13. Lyceum SPV 135 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    14. Lyceum SPV 143 Limited · United Kingdom · holding company
    15. Lyceum SPV 160 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    16. Lyceum SPV 169 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    17. Lyceum SPV 170 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    18. Lyceum SPV 180 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    19. Lyceum SPV 200 Limited · United Kingdom · holding company
    20. Lyceum SPV 224 Limited · United Kingdom · holding company
    21. SEL PV 09 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    22. Bodmin Solar Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    23. H7 Energy Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    24. MTS Francis Court Solar Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    25. Thames Electricity Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    26. TWQE2 Limited · United Kingdom · construction and operation of solar plants and the generation of solar power
    27. Lyceum Pumbaa Limited · United Kingdom · holding company
    28. Lyceum Timon Limited · United Kingdom · holding company
    29. Lyceum Nala Limited · United Kingdom · holding company

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 10 resigned

Name Role Appointed Born Nationality
BURGESS, Benjamin Michael Director 2025-10-01 Jul 1982 British
CARTER, Julia Director 2025-10-01 Dec 1991 British
WOOD, Neil Anthony Director 2024-01-24 Dec 1980 British
Show 10 resigned officers
Name Role Appointed Resigned
ARTHUR, Timothy Director 2015-08-04 2016-10-05
BOUTONNAT, Kareen Alexandra Patricia Director 2020-10-27 2022-06-10
CARTER, Julia Mary Director 2024-01-24 2024-08-23
COOPER, William James Director 2016-10-05 2017-11-30
DESOUZA, Alexandra Sian Director 2022-05-17 2024-01-24
FRICOT, Olivier Jean Yves Director 2022-05-17 2024-01-24
HARDIE, Ian David Director 2015-08-04 2022-06-20
LOVE, Craig John Director 2022-05-17 2024-01-24
MCCARTIE, Paul Director 2015-08-04 2022-06-10
ORD, Jonathan Nicholas Director 2024-01-24 2025-10-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Lyceum Solar Finco Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2024-12-27 Active
Lyceum Solar Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2024-01-24 Ceased 2024-12-27
Lightsource Asset Holdings (Uk) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-11-24 Ceased 2024-01-24
Lightsource Renewable Energy Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2017-11-24

Filing timeline

Last 20 of 91 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-12-13 RESOLUTIONS Resolution
Date Type Category Description
2026-07-30 AA accounts Accounts with accounts type group
2025-10-27 AP01 officers Appoint person director company with name date PDF
2025-10-27 AP01 officers Appoint person director company with name date PDF
2025-10-23 TM01 officers Termination director company with name termination date PDF
2025-08-12 CS01 confirmation-statement Confirmation statement with updates PDF
2025-07-10 AA accounts Accounts with accounts type group
2025-02-17 CH01 officers Change person director company with change date PDF
2025-02-14 CH01 officers Change person director company with change date PDF
2025-02-13 AD01 address Change registered office address company with date old address new address PDF
2025-01-13 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-12-30 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2024-12-30 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2024-12-13 SH20 capital Legacy
2024-12-13 SH19 capital Capital statement capital company with date currency figure
2024-12-13 CAP-SS insolvency Legacy
2024-12-13 RESOLUTIONS resolution Resolution
2024-11-22 CH01 officers Change person director company with change date PDF
2024-11-13 AA accounts Accounts with accounts type group
2024-08-23 TM01 officers Termination director company with name termination date PDF
2024-08-12 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
2

last 24 months

Officers appointed
2

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page